BEARISH THREE BLACK CROWS PATTERN (BTBCP) downward-going black stairs Characteristics: 1. Market on an uptrend; 2. There are three consecutive long black sticks that look like stairs stepping downward; and 3. Each day closes...
BULLISH GRAVESTONE DOJI PATTERN (BGDP) the graves of the bears who died defending their territory Characteristics: 1. The market is on a downtrend; 2. There is a black body formed at the lower end...
BULLISH ENGULFING PATTERN (BEP) the bears losing their momentum and the bulls gaining control Characteristics: 1. Market is on a downtrend; 2. Then there is small black body; and 3. The following day, we...
BEARISH EVENING DOJI STAR PATTERN (BEDSP) white, star and black Characteristics: 1. Market is on an uptrend; 2. There is a white candlestick on Day 1; 3. A Doji that gaps in the direction...
BULLISH LONG LEGGED DOJI PATTERN (BLLDP) the market losing its direction Characteristics: 1. Market is on a downtrend and in a bearish mood; 2. Then there is a Doji that gaps in the downtrend...
BULLISH DRAGONFLY DOJI PATTERN (BDDP) the shorts having the incentive to cover their short positions Characteristics: 1. The market is on an overall downtrend; 2. There is a Doji at the upper end of...
BEARISH EVENING STAR PATTERN (BESP) major top reversal pattern Characteristics: 1. Market is on an uptrend; 2. There is a long white stick on Day 1; 3. A small candle on Day 2 with...
BEARISH ABANDONED BABY PATTERN (BABP) very rare top reversal signal The Bearish Abandoned Baby Pattern is a very rare top reversal signal. It is basically composed of a Doji Star, which shows gaps (including...
BEARISH KICKING PATTERN (BKP) white and black Characteristics: 1. The direction of the market is not important; 2. There is a White Marubozu on Day 1; and 3. There is a Black Marubozu that...
BULLISH CONCEALING BABY SWALLOW PATTERN (BCBSP) two consecutive Black Marubozu Characteristics: 1. Market is on a downtrend; 2. We see two consecutive Black Marubozu on Day 1 and Day 2; 3. On Day 3,...
BULLISH THREE WHITE SOLDIERS PATTERN (BTWSP) market has stayed at a low price for too long Characteristics: 1. Market is on a downtrend; 2. We see 3 consecutive long white sticks; 3. Each stick...
BULLISH THREE OUTSIDE UP PATTERN (BTOUP) Confirmed Bullish Engulfing Pattern Characteristics: 1. Market is on a downtrend; 2. There is a Bullish Engulfing Pattern in Days 1 and 2; 3. Day 3 has a...
The Bullish Three Inside Up Pattern is another name for the Confirmed Bullish Harami Pattern. The third day is confirmation of the bullish trend reversal. Recognition Criteria: 1. Market is characterized by downtrend. 2....
This is a three-candlestick formation that signals a major bottom. It is composed of a first long black body, a second small real body, white or black, gapping lower to form a star. These...
This is also a three-candlestick formation signaling a major bottom reversal. It is composed of a long black candlestick followed by a doji, which characteristically gaps down to form a doji star. Then we...